Ola: News
Bhavish Aggarwal leads 'kurta' movement, says, 'embrace tradition, young techies'!
Ola's Chief Executive Officer (CEO), Bhavish Aggarwal, recently advocated for traditional Indian attire among young tech leaders.
Ola develops its own maps, will save ₹100 crore annually
Ola, a prominent Indian ride-hailing company, has fully transitioned from Google Maps to its proprietary mapping service, Ola Maps.
Ola to enter grocery delivery business via ONDC platform
Indian ride-hailing behemoth, Ola, is gearing up to launch grocery delivery services through the Open Network for Digital Commerce (ONDC), a government-supported initiative.
BluSmart aims to raise $300 million to boost EV fleet
India's leading electric cab operator, BluSmart, has announced plans to raise over $300 million within the next three years.
Ola shifts entire workload to in-house AI firm Krutrim Cloud
Indian multinational conglomerate, Ola, has successfully migrated its entire workload to its in-house artificial intelligence (AI) company, Krutrim.
Ola to transition workload from Microsoft's Azure to Krutrim Cloud
Ola has announced plans to shift its entire workload from Microsoft's Azure cloud platform to its own Krutrim Cloud, within the next week.
Ola S1 X becomes cheaper, now starts at ₹70,000
Ola Electric has reduced the price of its S1 X model, with the electric scooter now starting from ₹69,999.
Ola Cabs ceases operations in UK, Australia, and New Zealand
In a strategic move to refocus on its domestic market, India's leading ride-hailing company, Ola Cabs, has announced the discontinuation of its services in the UK, Australia, and New Zealand.
Top-selling scooters this February: Honda, TVS, Hero MotoCorp, and more
The Indian scooter market has soared, witnessing a robust 36.32% year-on-year growth in February, with sales hitting a high of 4.78 lakh units.
Ola's valuation plunges 74% to $1.9 billion
Vanguard, a US-based asset management company, has once again lowered the value of ANI Technologies, Ola's parent company, according to regulatory filings.
This new multilingual AI chatbot aims to outgun ChatGPT, others
Dubai-headquartered QX Lab AI has introduced Ask QX, a unique hybrid artificial intelligence (AI) platform that blends large language model (LLM) and neural network technology.
Ola Mobility expands e-bike taxi service to Delhi, Hyderabad
Following a successful pilot program in Bengaluru, Ola Mobility has launched its e-bike taxi service in Delhi and Hyderabad.
Ola's AI start-up Krutrim turns unicorn with latest funding round
Krutrim, an artificial inteligence start-up launched by Ola's founder Bhavish Aggarwal, has raised $50 million at a $1 billion valuation, making it India's first unicorn of 2024.
Ola parent's FY23 revenue grows 42% YoY to Rs. 2,800cr
ANI Technologies, the parent company of Ola Fleet, Ola Financial Services, Ola Electric, and Ola Stores, has seen a 42% year-on-year increase in its consolidated revenue, reaching Rs. 2,799 crore for FY23.
BluSmart introduces rush pricing for cabs, breaking its zero-surge promise
BluSmart, an electric vehicle ride-hailing service, has implemented a new pricing structure that includes surge pricing, despite earlier promises of zero cancellations and no surge pricing.
Exploring India's emerging LLM landscape: Krutrim, OpenHathi, BharatGPT and more
In his visit to India in June, OpenAI CEO Sam Altman sparked discussions by appearing to downplay the possibility of a groundbreaking Large Language Model (LLM) originating from the country.
Meet Bhavish Aggarwal's Krutrim, India's answer to ChatGPT
Bhavish Aggarwal, co-founder of Ola, ventured into the world of artificial intelligence (AI) with Krutrim Si Designs.
'Lowest price guaranteed': Rapido launches cab services in three metros
Swiggy-backed ride-hailing platform Rapido has officially launched its cab services in Delhi, Bangalore, and Hyderabad, with plans to expand across India by mid-2024.
Ola scores a duck in rankings for gig worker fairness
For the third year in a row, Ola has received a dismal score of zero out of 10 in Fairwork's evaluation of e-commerce platforms regarding fair treatment of gig workers.
Rapido plans to enter cab business in India
Bike taxi start-up Rapido is venturing into the cab market, where it will compete with giants like Uber and Ola.
Ola launches all-electric parcel delivery service to take on Dunzo
Ride-hailing company Ola has launched an all-electric parcel delivery service called "Ola Parcel" in Bengaluru.
Vanguard slashes Ola's valuation by 52% to $3.5bn
Vanguard has slashed the value of its stake in Indian ride-hailing start-up Ola by 51.6% since its initial investment.
Ola fires 200 employees as part of a restructuring exercise
Bengaluru-based ride-sharing company Ola is the latest to be hit by the layoff bug. Per Inc42, the company has laid off around 200 employees from some of its verticals.
Urban Company best for gig workers; Ola, Uber score zero
With the emergence of the digital platform economy in India, gig workers have grown in demand. However, it seems that these workers are yet to enjoy fair pay and good work conditions.
Which IITs, IIMs have churned out most Indian unicorn founders?
India recently achieved the milestone of 100 unicorns.
Ola S1 Pro purchase window reopens: Here's how to book
After a long gap, Ola Electric has reopened the purchase window for its S1 Pro electric scooter.
Ola Electric's Futurefactory to be run by 10,000+ women
Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.
Ola S1 electric scooter's sale rescheduled to September 15
Ola Electric had launched its S1 electric scooter in India last month and it was scheduled to go on sale yesterday.
Ola S1 e-scooter will go on sale in India today
Ola Electric's S1 e-scooter will go on sale in India today starting 6pm for those who have already pre-booked the vehicle. The more powerful S1 Pro variant will also be up for grabs.
Prior to launch, Ola Electric Scooter's key features teased
Ola Electric is likely to launch its first electric scooter in India in the coming weeks.
Ola is finalizing colors for its electric scooter; launch imminent
Co-founder and CEO of Ola, Bhavish Aggarwal is seeking opinions regarding the color options for the Ola Electric Scooter. This suggests that the vehicle might be launched in India in the coming months.
NewsBytes Briefing: Clubhouse finally launches Android app, and more
Clubhouse just found out the hard way that it is no De Beers, and that boosting app popularity with artificial scarcity doesn't work forever.
SC says Ola and Uber not acting as a cartel
On Tuesday, the Supreme Court refused to meddle with orders passed by the Competition Commission of India (CCI) and the National Company Law Tribunal (NCLAT), in connection to cab aggregators Ola and Uber.
US funds lower valuation of Paytm, Ola due to COVID-19
United States-based mutual funds have reportedly lowered the valuation of the mobile payments app Paytm and the cab-hailing platform Ola as the coronavirus pandemic disrupted their businesses.
Ola Electric acquires Etergo to launch e-scooters in India
Ola Electric Mobility, the EV unit spun out of ride-hailing giant Ola, has acquired Dutch electric scooter manufacturer Etergo.
Uber India fires 25% of its workforce: Details here
In another blow to the salaried section, Uber India has laid off 600 employees or nearly a quarter of its workforce in the country.
Ola lays off 1,400 employees due to COVID-19 pandemic
Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.
'Ola Emergency' launched for hospital runs amid COVID-19 outbreak
As India goes into the second phase of the lockdown enforced to combat the spread of COVID-19, Ola is lending a helping hand to the public.
Amid lockdown, Ola, Uber suspend services till March 31
In the wake of the lockdown imposed by the Delhi government, ride-hailing giants Ola and Uber have suspended their services in the state.
Despite COVID-19, Ola, Uber car-pooling remains available in India
As coronavirus continues to wreak havoc around the world and begins to show its impact on India, people are being advised to maintain social distance to avoid potential cases of community spread.